What is the difference between ZMN2 and Z060 payment terms?

Answer 1

ZMN2 and Z060 are different payment terms used in financial transactions, particularly in accounting and invoicing. ZMN2 typically indicates a net payment term, meaning the total amount is due within a specified period, often without any discounts. In contrast, Z060 may refer to a specific discount structure, where payment is due within 60 days, possibly with an incentive for early payment. The key difference lies in the timing and conditions associated with the payment obligations.